Liberty Steel's Cash Shortage Delays Steel Production for Royal Navy Warships
DEFENSE
Liberty Steel's Dalzell plant in Scotland has delayed production of 34,000 tonnes of steel for three Royal Navy fleet solid support ships due to cashflow issues, prompting Sir David Murray to call for UK government intervention. The facility has produced only 1,000 tonnes of steel from trial runs, while Murray suggests a £50 million investment could restore profitability within two years. The government must now decide on its course of action regarding the struggling steelmaker.

Jan 20, 2026, 6:00 AM